Quote from: South Park on February 10, 2022, 07:31:18 PM

Quote from: usekevin on February 09, 2022, 11:52:54 PM

Quote from: Montane on January 29, 2022, 11:26:17 PM

Is it a good time to buy now? It looks like the bears have subsided. 30k resistance point is still holding strong. What do you guys think?

Now it's not a correct time to inverse your money. Because it's not a dump market now. Now the market price up to the value of 44.5k dollars.Which means, it gonna reach of 45k dollars soon.People think about the investments for certain time.But the nice move will be the bear market and not a bull market. For the bulk some amounts, it's good way for the holding at the bull.The bull near make you to lose you money at concern.

We have reached the 45k level and I think we can safely say that we are not in a bear market yet and what we saw was only a temporary correction, I think most of us are glad this is the scenario that is materializing as then there is still a chance that the bull market keeps going up strongly during this year, however it is not going to be easy, because as we know besides the pandemic, which it seems it will never leave, now we have to deal with political instability an we have no idea how bitcoin will perform under those conditions.

Yes, and it is still fluctuating around that price, but we can't say that we are out of the bear market. Sentiments is still undecided in the last 2 months, maybe the price has somewhat move up now but it doesn't equate that we are in a bull mode again. Maybe the effects of the Omicron scare has subsided already. But still the world is gripping from the effects of Covid-19 so we have to take this always in consideration. And the global financial market too, when stocks went down the price of bitcoin goes up, maybe the same investors are shuffling their money around.